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Author: NULL

$AUDUSD heading south?

Looking to break out of the flag to the downside.  Currently bouncing off the bottom and sitting at 9864.  Look for sellers to come in at .9877 ( S2).  Initial target is the the .382 fib retracement @ .9806 then...

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$GBPUSD Approaching a critical area

A little more to go in this move and we will be at the top of the trendline.  Currently the cross has broken through the .500 fib retracement @ 1.5785 and showing little signs of a pullback here.  The .618 fib is also...

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$AUDUSD target still in view

A little more to go in this move to the .270 and the 2.618 fib extensions.  Currently the cross has broken through resistance @ 0.9941 and showing little signs of a pullback here.  The break of the former top indicates...

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$EURUSD target still down short term

A little more to go in this correction to complete an ABC.  Currently sitting on the 0.382 fib retracement but looking for a move to the .500 fib retracement (1.3201) in the short term.  Major consolidation in that...

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$EURJPY at critical level

A small head and Shoulders on this cross and it has moved to through the S1 and 2 supports.  Currently sitting at a critical level at the 110.67 triple bottom.  If no bounce here then look for the target area (S3 and...

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$EURUSD target hit

AS we said yesterday: “If we get the break the target is the 1.3200 area”. Did that. Looking for the cross to consolidate sideways in a channel or build a bear flag for the S6 at 1.3177. Upside risk it to the 1.3294...

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